Staff Reporter

Citi launches Korea desk in Chicago to back Korean firms’ US expansion

Citi Korea opened its first Korea desk in New York in 1993.

Why Asian banks struggle to embed AI in compliance

Institutions cite fragmented infrastructure, manual workflows and skills gaps as barriers.

Mastercard partners to launch cyber shield for SMEs and public sector

Partnership merges Recorded Future with WAF to guard against Shadow IT threats.

Standard Chartered launches ESG-linked cash account

Enhanced interest rates apply when sustainability targets are met.

Filipinos outside capital favour loan apps and microloans over credit cards

The majority expressed willingness to access educational materials to improve their finances.

Asia-Pacific fintech to hit $348.1b by 2031

The market will be driven by mobile-first usage and open API payment rails.

Krungsri names Chayathip Phanmanee as head of Krungsri Auto Group

Phanmanee implemented debt restructuring policies during the COVID-19 period.

EastWest Bank profit climbs 21% to $156.4m in 2025

Revenue was up 20% with stronger operating leverage.

OCBC new investors triple as bank braces for 2026 gold, silver uptick

The bank sees sustained growth on the back of industrial use and recent price rallies.

Financial services M&A deal value rise 40% on improved bank profitability

Postal Savings Bank of China’s $18.1b deal with China Mobile is the year’s top deal.

SMFG’s CET1 ratio climb to 12.75% on higher capital

The Japanese megabank earlier reported a profit of $8.99b for the 9M period.

Taiwan revolving credit rises to $3.78b in Dec 2025

Monthly retail sales surged to NT$453.7b, from $396.7b a month earlier.

Japan Post Bank profit surges 22.4% to $2.46b in Q3 FY2026/3

Dividend is forecasted to be JPY70 for FY2026/3.